A new profile on Tesla CEO Elon Musk gives an unusual example of how the stress of ramping up Model 3 production may have affected him. According to The Wall Street Journal, Musk started head-butting a car at Tesla’s Fremont, California, factory this spring after he learned the assembly line would stop when people came… Continue reading Elon Musk reportedly became angry and head-butted a car at Tesla’s factory because the assembly line would stop when people got too close to it (TSLA)
Author: Business Insider
Wall Street analysts tore down a Tesla Model 3 and found ‘significant fit & finish issues’ (TSLA)
via Youtube Tesla’s Model 3 beat out its electric competition from Chevrolet and BMW when it came to powertrain and electronics. But when it comes to fit and finish, UBS analysts say the car has significant manufacturing issues. The teardown engineers found missing bolts, loose tolerances, misaligned welds, and more. Follow Tesla’s stock price in… Continue reading Wall Street analysts tore down a Tesla Model 3 and found ‘significant fit & finish issues’ (TSLA)
Uber’s new CFO suggested that an IPO might not happen in 2019 after all
Uber’s incoming chief financial officer CFO Nelson Chai has suggested the transportation firm may not go public in 2019 after all. On Tuesday, Uber announced that it had appointed Chai, a Wall Street veteran, to the long-vacant post of CFO as it gears up for a long-awaited IPO in 2019, a stated goal of the… Continue reading Uber’s new CFO suggested that an IPO might not happen in 2019 after all
Internal documents reveal the grueling way Tesla hit its 5,000 Model 3 target (TSLA)
Internal documents show that Tesla had to rework more than 4,300 of the 5,000 Model 3 vehicles it built during the last week of June when it hit its critical production target. Within the auto industry, cars that make it through a manufacturing process without requiring rework are part of a factory or line’s “first… Continue reading Internal documents reveal the grueling way Tesla hit its 5,000 Model 3 target (TSLA)
Wall Street analysts were blown away by the Tesla Model 3’s ‘next-gen, military-grade’ tech — and say that’s why the base model will never turn a profit (TSLA)
Justin Pritchard / Associated Press UBS analysts disassembled a Tesla Model 3 to compare it with other electric vehicles. “Tesla delivered the best powertrain at the lowest cost,” the investment bank told clients. But the car’s “next-gen, military-grade” tech is the reason the base model will never turn a profit. Tesla has struggled to ramp… Continue reading Wall Street analysts were blown away by the Tesla Model 3’s ‘next-gen, military-grade’ tech — and say that’s why the base model will never turn a profit (TSLA)
Elon Musk says he works 120 hours a week and isn’t searching for new execs, and it looks like he’s falling into a common management trap (TSLA)
Elon Musk’s bombshell interview with The New York Times revealed a number of worrying details about the famous businessman and his companies. One striking anecdote: Musk has been working up to 120 hours a week, spending nights and days in Tesla factories in an attempt to meet demanding production targets. “There were times when I… Continue reading Elon Musk says he works 120 hours a week and isn’t searching for new execs, and it looks like he’s falling into a common management trap (TSLA)
‘All night — no friends, nothing:’ Elon Musk describes the lonely 24 hours he spent working at Tesla on his 47th birthday
The growing production pressures and increased scrutiny on Tesla seem to be taking an emotional toll on the company’s CEO, Elon Musk. In an interview with the New York Times, Musk said he typically works as many as 120 hours a week, and that it’s been nearly 20 years since he took a week-long vacation.… Continue reading ‘All night — no friends, nothing:’ Elon Musk describes the lonely 24 hours he spent working at Tesla on his 47th birthday
‘The most difficult and painful year of my career’: Tesla CEO Elon Musk opens up about personal and professional struggles in revealing interview (TSLA)
Tesla CEO Elon Musk said the past year has been “the most difficult and painful year of my career,” in a revealing New York Times interview published Thursday night. Musk admitted that he has been charging full speed ahead in all directions — with the production of his electric-car company’s first mass-market vehicle, the Tesla… Continue reading ‘The most difficult and painful year of my career’: Tesla CEO Elon Musk opens up about personal and professional struggles in revealing interview (TSLA)
A Waymo engineer told us why a virtual-world simulation is crucial to the future of self-driving cars (GOOGL)
Editor’s note: Business Insider had the chance to speak with Waymo employees from different parts of the company to learn more about their work. What we discovered were some of the coolest jobs at Alphabet, Waymo’s parent company. This is the second in the series. For a brief history of Waymo, click here. Waymo has… Continue reading A Waymo engineer told us why a virtual-world simulation is crucial to the future of self-driving cars (GOOGL)
Uber investors reportedly want the company to sell its self-driving car program
Investors have told Uber Technologies Inc it would be wise to sell off its self-driving car unit after it racked up losses of $125 million to $200 million each quarter for the past 18 months, tech news site The Information reported on Wednesday, citing an unnamed person familiar with the issue. Uber did not immediately… Continue reading Uber investors reportedly want the company to sell its self-driving car program